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Get your taxes done using TurboTax
@rcamner wrote:Does this mean that because I had a small gain, I need to check the "schedule E" box here?
Which version of TurboTax are you using?
The only difference I have ever seen this entry make (checking the box indicating that the property was used in a trade/business or rental) is it brings up a couple of screens for depreciation recapture. Otherwise, I have not seen where it matters it terms of "linking" the 8824 to Schedule C or Schedule E.
‎January 23, 2023
6:47 AM